Modern Threads (India)NSE:MODTHREAD +1.37%38 PB Ratio is 1.10 as of Jun. 26, 2026, which is 13% below its 10-year median of 1.26. GuruFocus rates NSE:MODTHREAD with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Modern Threads (India) ranks worse than 50.8% on this metric.
Modern Threads (India) Ltd stock PB Ratio (=1.03) is close to 3-year low of 1.
The historical rank and industry rank for Modern Threads (India)'s PB Ratio or its related term are showing as below:
NSE:MODTHREAD'
s PB Ratio Range Over the Past 10 Years
Min: 1 Med: 1.26 Max: 1.89
Current: 1.12
During the past 11 years, Modern Threads (India)'s highest PB Ratio was 1.89. The lowest was 1.00. And the median was 1.26.
NSE:MODTHREAD's PB Ratio is ranked worse than 50.8% of 1004
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.075
vs NSE:MODTHREAD: 1.12
During the past 12 months, Modern Threads (India)'s average Book Value Per Share Growth Rate was 9.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.10% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Modern Threads (India) was 12.10% per year. The lowest was 5.60% per year. And the median was 8.90% per year.
Back to Basics: PB Ratio
Modern Threads (India) (NSE:MODTHREAD) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Modern Threads (India) PB Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Modern Threads (India)'s PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Modern Threads (India) PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Modern Threads (India)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Modern Threads (India)'s PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Modern Threads (India) (NSE:MODTHREAD) has a PB Ratio of 1.10 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Modern Threads (India) and its competitors. This is 13% below median its historical median of 1.26. Over the past decade, Modern Threads (India)'s PB Ratio has ranged from 1.00 to 1.89. According to the industry distribution chart, Modern Threads (India) ranks #510 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 50.8%.
Is Modern Threads (India)'s PB Ratio too high?
Modern Threads (India)'s current PB Ratio of 1.10 is 13% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 1.89. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Modern Threads (India)'s value of 1.10 is 2.3% above this industry median. Based on the distribution chart, Modern Threads (India) ranks #510 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Modern Threads (India) has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Modern Threads (India)'s PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Modern Threads (India) ranks #510 out of 1004 companies for PB Ratio. This places Modern Threads (India) in the lower half of its industry. The industry median PB Ratio is 1.08. Modern Threads (India)'s value of 1.10 is 2.3% above this benchmark. Historically, Modern Threads (India)'s own PB Ratio has ranged from 1.00 to 1.89 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.08, Modern Threads (India) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modern Threads (India)'s current PB Ratio of 1.10 is 2.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Modern Threads (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Threads (India)'s current PB Ratio is 1.10, which is 13% below median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Threads (India) stock overvalued right now?
Modern Threads (India) (NSE:MODTHREAD) has a current PB Ratio of 1.10. The current PB Ratio is 1.10, which is 13% below median its 10-year median of 1.26 and 2.3% above the Manufacturing - Apparel & Accessories industry median of 1.08. Modern Threads (India)'s overall GF Score™ is 38/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Modern Threads (India) (NSE:MODTHREAD), the current PB Ratio is 1.10 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Modern Threads (India) Ltd is engaged in the textile industry, manufacturing and selling a diverse products, including worsted yarn, wool tops, wool grease, polyester viscose fiber-dyed yarn, polyester yarn, and lanolin. The company mainly produces worsted yarn, wool tops, and synthetic yarn. Its products are exported to over 25 countries across Europe, Latin America, the Far East, the Middle East, and Africa. Its manufacturing plants are located in Raila and Bhilwara. The company has generated the majority of its revenue from India.
38GF Score
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